China : the race to market : what China's transformation means for business, markets, and the new world order / Jonathan Story.

Format:

Book

Author/Creator:

Story, Jonathan.

Language:

English

Subjects (All):

Economic forecasting--China.

Economic forecasting.

China.

China--Economic conditions--2000-.

Economic conditions.

Physical Description:

xxiii, 277 pages : illustrations ; 25 cm

Place of Publication:

London ; New York : Financial Times Prentice Hall, 2003.

Summary:

The rise of China is creating both opportunity and alarm. Predictions and assessments vary, but the consensus of opinion is that within the next few decades the world's most populous country will also boast the world's largest economy, perhaps overtaking the US by 2030, but much still stands in the way of the realization of China's potential. How far will this transformation go and what are the implications for business? China's present and future challenge is the business world's future opportunity. How can the business world make strategies for a country as multi-faceted and complex as China? The answer requires us to consider the future, where risks and rewards really lie, and to look at a much broader canvas than we conventionally do when we consider business or investment strategy. We have to understand the forces making China's future before we can learn about making business strategy there. Markets, politics, demographics and technology all have a role to play.

This book discusses the drivers and possible outcomes for the development of China -- covering issues such as Sino-American relations, entry to the World Trade Organization, the state-market relationship, and internal reform -- and sets out a framework for understanding and doing business with the Chinas that emerges. By covering the politics and economics of China on different levels -- international, national, and local -- and by digging into history where necessary, the book will offer an informed judgement about where China is heading and what this means for business people. It will also investigate key industry sectors, such as telecoms, finance and automobiles, from the viewpoint of western corporations, Chinese companies, and state or provincial authorities.

Contents:

1 China's curse: to live in exciting times 1

2 China and the USA: ineluctable partners or rivals? 25

3 The land of the rising dragon: China's economic growth 54

4 Riding the tiger: China's economic policy reform 81

5 Feeling the stones as you cross the river: China's political policy 107

6 Applying the Dracula principle: China joins the WTO 140

7 Keeping it in the family: corporate reform in China 174

8 Getting China right: the multinational experience 208

9 China in the twenty-first century 242.

Notes:

Includes bibliographical references and index.

ISBN:

0273663216

OCLC:

51193691